Address
644 Martin Luther King Jr. Boulevard, Detroit, MI
Price
$ 3,199,000
Property Attributes
  • ID#2220012343
  • TypeMulti-Family
  • CountyWAYNE
  • CityDetroit
  • AreaDet - Livernois-I75 6-Gd River
  • Zip48201
  • Style
  • Year Built2000
  • Taxes$ 100
  • Price$ 3,199,000
  • Bedrooms50
  • Full Bathrooms38
  • Half Bathrooms0
  • Sqr Footage32896
  • Lot Size0.65 Acres
Data Source:
RealComp
Property Description

38-Unit Apartment Building For Sale In Heart Of Detroit's Midtown Neighborhood Built in 2001, 26 1-bed & 12 2-bed. Units Individually Metered, Landlord Pays Water, Common Area Heat & Electric. PILOT In Place For Property Tax. Ideal For LIHTC Developers. Subject To The Affordable Housing Restrictions & Regulatory Agreement, This Building Is Perfect For Re-Syndication And An Ideal Candidate For The Millions Set Aside In The Detroit Affordable Housing Development & Preservation Fund. Owned And Operated By People United As One (PUAO), A Non-profit Organization Located In Detroit. PUAO Was Started By Homeless And Formerly Homeless People In July 1991. Its Mission Is To Uplift The Working Poor Through Counseling, Community Activism, And Economic Development. Their Programs Have Afforded Homeless Individuals The Opportunity To Obtain Basic Living Skills Training, Financial Assistance, Life Management Skills, Social And Psychological Counseling & Support Services. Pre-Qualified Showings Only.

Price History
2/24/2022 Listed $3,199,000

General Features

Interior Features Elevator/Lift,Fire Sprinkler
Net Operating Income 0.00
Sewer Public Sewer (Sewer-Sanitary)
Heating Baseboard
Cooling Window Unit(s)
Possession At Close
Pets Allowed No
Exterior Features Playground,Fenced
Zoning Multi-Family
Gross Scheduled Income 252000.00
Full Baths 38
Year Built 2000
Property Type Multifamily
Transaction Type Sale
OccupantName Hassan Shukr
Basement Type Common
Status Active
Short Sale No
Construction Materials Aluminum,Block/Concrete/Masonry,Other
Cumulative Days on Market 946
MLS Area Det: Livernois-I75 6-Gd River
Directions NORTH SIDE OF ML KING JR. BLVD,EAST OF 2ND ST
City Detroit
Terms Offered Cash,Conventional,Warranty Deed
School District Detroit
Ownership Status Short Sale - No,Private Owned
Total Sq Ft 32896
Virtual Tour URL Unbranded https://drive.google.com/file/d/1AI5wPPHMiC4M_-1HVEHv9h5ezhg9X4ze/view?usp=sharing
DOM 946
Virtual Tour URL Branded https://drive.google.com/file/d/1hGLiYMft0r0BK7Ut6-WRvL2anooV7QTL/view?usp=sharing
Taxes 100.0000
Legal Description N MYRTLE 21 THRU 19 BLK 90;CASS FARM L1 P175-7 PLATS,W C R 04/134 150 X 190

Interior Features

Heating Fuel Electric,Natural Gas
Basement Y/N Yes
Total Units 38
Unit Count 2
Lock Box Type Appointment
Total Baths 38.00

Exterior Features

Lot Size Area 0.65
Water Source Water at Street,Public (Municipal)
Foundation Materials Block,Poured
Frontage Feet 150
Foundation Basement
Lot Size Dimensions 150 x 190
Roof Material Asphalt,Other,Rubber
Road Frontage Type Paved,Pub. Sidewalk
Water Heater Fuel Common,Natural Gas
Architecture Level 4-10 Story
Architecture Style Other

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via Remerica Hometown One and The Originating MLS(found above), © 2024 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of June 25, 2024 9:30 AM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Multi-Family Average in 48201

Price
AVG $2.81M
$3.2M
Taxes
AVG $3,852
$100
Visits
AVG 350
500
Data Provided by Inside Real Estate®
Year Built
AVG 1923
2000
Walkscore
AVG 84
88
Data Provided by Walkscore® not using MLS data

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